On Monday, the Indian stock market experienced significant gains, with the NSE Nifty 50 index rising 125.20 points to reach 24,480.00, marking a break above the critical resistance zone of 24,400. The BSE Sensex also saw a rise of 419.40 points, trading at 78,912.94. Analysts note that while the market is responding positively to strong results from various sectors, ongoing geopolitical tensions, particularly regarding the US-Iran peace talks, are likely to keep the market volatile in the near term. Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Investments, highlighted the broader market's outperformance, with midcap and smallcap indices returning to pre-war levels. Technical indicators suggest that a sustained breakout above 24,400 is essential for bullish momentum, potentially pushing the index towards 24,800 and 25,000. Immediate support levels are identified at 24,250-24,320, with further support at 24,170-24,150 if the market declines.